For-profit giant DeVry University has agreed to settle claims asserted by the U.S. Department of Education relating to the school's marketing of its programs, which the government had alleged was deceptive.

“Students deserve accurate information about where to invest their time and money, and the law is simple and clear: recruitment claims must be backed up by hard data,” Education Secretary John B. King Jr. said in a statement announcing the agreement.According to a report in the Washington Post, "The Department of Education is subjecting DeVry University to tougher financial oversight as part of a settlement over the for-profit college chain’s alleged use of misleading information about the employment of its graduates in radio, television, online and print advertisements."

As part of its deal with the government, DeVry can no longer advertise that 90 percent of its graduates secure employment within six months of leaving school and must disclose on its website that this previous claim lacks substantiation.

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